Org.nr 911 670 674 2020 → 2021 Year-over-year analysis

ABBAS EIENDOM AS: årsregnskap 2021 vs 2020

Shrank 80% on revenue, weaker earnings

approved 2021-12-31; registry 2022-06-14; journal 2022 450195

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ABBAS EIENDOM AS. Revenue 793.3k NOK → 156.0k NOK (-80.3%). Net result +463.6k NOK → +355.1k NOK. Equity 836.7k NOK → 1.19m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABBAS EIENDOM AS.

Scorecard

Revenue
793.3k NOK 156.0k NOK
-80.3%
Operating result
+563.6k NOK +437.6k NOK
-22.4%
Net result
+463.6k NOK +355.1k NOK
-23.4%
Equity
836.7k NOK 1.19m NOK
+42.4%
Cash
65.7k NOK 575.1k NOK
+774.8%
Total assets
1.34m NOK 1.42m NOK
+6.0%

What improved

  • ↑

    Equity strengthened

    Book equity 836.7k NOK → 1.19m NOK (equity ratio 62.4% → 83.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 65.7k NOK → 575.1k NOK (+774.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 793.3k NOK to 156.0k NOK (-80.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +563.6k NOK → +437.6k NOK (op. margin 71.0% → 280.5%). Calculated

  • ↓

    Net result weakened

    Net result +463.6k NOK → +355.1k NOK (net margin 58.4% → 227.6%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 5 079 NOK → 411.7k NOK (+8006.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 48.0k NOK → 33.0k NOK. Reported fact